Monday, November 23, 2009

Internet Sector/Venture Growth Strategist Deven Parekh

Competitively, successful venture capital firms believe that if you want to have true long term defensible traffic for your online business you may want to do it yourself. Basically, you're the true owner of your own destiny and you can control your own traffic. And if you don't and you're a category market that monetizes reasonably well, a speculator will do it and they'll drive traffic to your site but at the end of the day they control that traffic. And if somebody else will pay them more for that traffic, you won't own it anymore. One of the areas to really focus on is making certain that the traffic that a company has for their online business, whether they’re an e-commerce, a content company, or an Internet service that the traffic is defensible. And domains is a part of that strategy. It's not the only strategy but it's a part of that strategy. One of the best persons in the industry to effectively communicate this strategy to clients and executives on a business and individual level is Deven Parekh.Deven Parekh, currently serves as a managing director of one of the fastest growing venture capital firms, Insight Venture Partnerswhich he joined in 2000.Insight Venture Partners is a venture capital/growth equity firm that's based in New York. They have approximately $3 billion of capital under management, focusing on investments in enterprise software, technology and most recently over the last couple of years probably its biggest focus has been the Internet-enabled sector.

Deven Parekh, was previously a Principal investment banker specializing in mergers and acquisitions at Berenson Minella & Company (1992-1999), a merchant bank in New York. He graduated magna cum laude from the Wharton School at the University of Pennsylvania with a BS in Economics.

Prior to Berenson Minella, Deven Parekh was with The Blackstone Group, where he was involved in both M & A advisory and principal activities.

Deven Parekh proudly sits on the board of Publicolor a non-profit organization that uses color, and painting to engage and motivate disaffected teenaged students. Publicolor enables students to work together to improve the quality and appearance of their learning environments.

Deven Parekh is a Henry Crown Fellow of The Aspen Institute. This fellowship honors the memory of Chicago industrialist Henry Crown (1896-1990), whose legendary career was marked by a lifelong commitment to honor, integrity, industry and philanthropy.

The Aspen Institute mission is: to foster values-based leadership, encouraging individuals to reflect on the ideals and ideas that define a good society, and to provide a neutral and balanced venue for discussing and acting on critical issues. The Aspen institute promotes its mission by sponsoring seminars, young-leader fellowships around the globe, policy programs and public conferences and events.
To get the best return on your investment remember, Deven Parekh has a proven track record with successful results in software, technology, and internet businesses.